24 August 2011
Can i get service tax credit on Bank Charges(inclusive of tax) like Processing fees, BG/LC commission charged direcly by the Bank to the account. But problem is that Bank is not disclosing the exact amount of Service tax on bank charges
24 August 2011
yes. you can take but banker need to give atleast one certification for charging service tax or in advices they need to mention as "inclusive of taxes "